Efcc should arrest this man already

...and the looting continues!

Useless govt of self serving THIEVES and sadistic tyrant!

This government has solded this country through borrowing. I pity the future genererations

Just because 2023 is approaching. I am still expecting more Mouth Watering promises

Lazy Govt

FG-to-borrow-$1.2bn-for-agric-mechanisation-others.


No. It's for MACBAN. It's a Camouflage plot to misappropriate the LOAN for FULANI CATTLE GRAZING.

Borrowing our future AWAY

Fahdiga:
Nothing new. Buhari has destroyed Nigeria beyond redemption. the northern cabal are using his name to milk Nigeria dry. is there any evil that Buhari has not unleashed on Nigeria. 2023 should come fast so that Nigerians can breathe a sigh of relief

Must u endure till 2023? Nigerians with the mentality of suffering and smiling

JUST SEE HIS FACE. MACBAN WANT TO RAZE NIGERIA ECONOMY TO GRASS. IT'S ALL ECONOMIC SANCTION FOR THE WHOLE OF THE SOUTH.

Almajiri people Congress.
This is what happens when you vote in miscreants whose culture promotes begging.
Bambiala government.
This is why the West is supporting North,the north is helping the west to perpetuate economic imperialism.
Africans are biological disaster

funny enuf most will be used in the North by Northern farmers!

Them Don start again, borrow pose. Money they can't pay.

I Don tire for this country finally

happy borrowing ooO, make una continue to dey borrow, den the nex coming president will not even know where to start from .

so whats the use when cows and your kinsmen will eventually destroy both the farmer and the farm? backwards thinking idiots.

Chai.
Another huge loan again ooh.
And wetin come dey pain me be say, na always in Billion Dollars.
When them wan come pay the loans and debts finish?
Maybe las las, na to sell the country go remain.
Buhari don show us shege...E no go better for the son of a baztard Sudanese father...Iseeee.

adenigga:

Source: https://m.punchng.com/Business/FG-to-borrow-$1.2bn-for-agric-mechanisation-others

where is team , as-long- as- it-will-be well-utilised ? Una no dey talk again,abi e don tire una?

it's a welcome development

The Federal Government is set to borrow $1.2bn from the Dutch Bank and the Development Bank of Brazil to provide for mechanised agriculture in Nigeria.

Senior Special Adviser to the President on Agriculture, Andrew Kwasari, told journalists in Abuja on Wednesday that the initiative was under the Green Imperative Project of government.

He said, “The Green Imperative will address issues of mechanisation and provide agro-processing. These two will work together through service centres that will be created in each Local Government Area in Nigeria.

“This project is a private sector driven one. So all the service centres will be operated by private entrepreneurs and they will have the responsibility of servicing the loan.”

Kwasari added, “The Green Imperative is a borrowing programme that will inject foreign direct investment of €995m, that is $1.2bn.

“This has been structured financially to allow the government use bilateral negotiation and arrive at a financing that is below three per cent per annum interest rate and a gestation period of about 15 years to be paid.”

He said the loan had been insured in the insurance market and that financing was coming from the Dutch Bank and Development Bank of Brazil, while the fund was insured by the Islamic Development Bank.

Kwasari said the loan was structured with a monitoring policy with the Central Bank of Nigeria to allow the lending of the facility to entrepreneurs in naira.

This came as the Minister of Agriculture and Rural Development, Sabo Nanono, on Wednesday tasked investors in the private sector to drive the production of cassava value chain to meet with local consumption and export demands.

‌Nanono said his ministry would create appropriate policies for the successful production and distribution of cassava products to ensure that food and raw materials were available for industries.

The minister said these in his office while hosting the project team of the Economically Sustainable and Integrated Cassava Seed System Phase II.
Source: https://m.punchng.com/Business/FG-to-borrow-$1.2bn-for-agric-mechanisation-others

FEDERAL GOVERNMENT HAS NO BUSINESS WITH AGRICULTURE.

Agriculture should be handled by each states of the federation.

Northerners and their supporters are the people that are promoting this fraudulent systems of governance.

They no longer believe in cutlass and hoes and sending able bodied men to the fields to plough ridges and till soils? Lol.

Confused and clueless government!

adenigga:

Source: https://m.punchng.com/Business/FG-to-borrow-$1.2bn-for-agric-mechanisation-others

Borrow borrow government in Fela's voice, Bubu the man of the northerners and westerners, I no dey hear sai baba again. Tinubu decieve Una and sold you guys cheap to the Fulani herdman president.��������sai baba till 2023

Borrow again?

The thread should read thus: 'FG to borrow $1.2bn to share among APC members in preparation for 2023"

Don't lend the Nigerian Government any money. They want to use it to negotiate with bandits and terrorists.

adenigga:

Source: https://m.punchng.com/Business/FG-to-borrow-$1.2bn-for-agric-mechanisation-others

why borrowing? Put out nigeria for sale in the open market. A govt that lack plans and idea is a failed government. What has previous money invested in the agriculturer sector yield us but for high cost of foodstuffs and living.

Borrowing here and there yet nothing substantial to show. At this rate Nigeria might not pay all her debts even in 2050.

I'm sure this money was borrowed to import cows from Mali and ak 47 because his brothers are the only ones still practicing pastoral farming by herding cows into farmers farms with arms to claim their lands

On which farms, the one constantly invaded by herdsmen?

SENATE, DON'T APPROVE. IT WILL BE MISAPPROPRIATED FOR MACBAN.

Another development. We move!

I designs and prints, see my signature to link up for all kinds of design need.

Please is it advisable to borrow in order to start up a business? If no then why is this country borrowin' out our destinies

Another borrow??..

And almost 70% believe say na REAL BUBU dey that position

As for me

Inobelieve